Our UAE Businessman Hussain al Nowais
The United Arab Emirates is known to have the richest business tycoons from all over the world.
It was noted that among these richest people, seven of them are locally UAE grown businessmen who are great stakeholders of hospitals, high rise buildings, banks and mega shopping malls.
It’s no wonder then that business people from UAE are more successful and shows more profit compared to other countries. From the report made by Forbes in 2018, UAE holds seven of the wealthiest individual and families from the 2,200 billionaires in record.
However, as of late those businesses in healthcare, money exchange, and property increased in wealth, and those in the investments in banking automobiles and other industries, on the other hand, shows a decline in fortune.
One of these billionaire business tycoons is Hussain Al Nowais, a local from Abu Dhabi, UAE. His education background is impressive in the sense that he graduated in Portland, France, and London.
Not surprising that he is very good in business since he graduated with a degree in Business Administration in 1979. He was a determined person and had grown to be a very successful businessman in his self-made wealth.
Hussain Al Nowais managed his family business at first with only a few staff. On the record today, he now has over 6,000 employees and still growing to this date, which is inspiring.
He admitted that he faced many challenges that seemed insurmountable, however, he had successfully turned those challenges into growth opportunities.
With over 30 years of experience in banking, finance, investments and project developments are only a few to mention of his achievements. All these led to what he have now.
Hussain Al Nowais handling chairmanship of several group of Companies in Abu Dhabi. To mention a few companies he chaired are Senaat, Al Nowais Investments, LLC Khalifa Fund, Emirates Steel and National Petroleum Construction Company.
Connected to 12 Board Members, in 12 organizations in 11 different industries all over the globe. Hussain Al Nowais investments now covers Oil and Gas Petrochemicals,Energy, Engineering and Construction, Real Estate and Hospitality, healthcare, Information, Communication and Technology.
Hence, it is no wonder that Hussain Al Nowais profits and wealth increase because his investments covers almost everything of necessity and importance to people.
One quality trait that his investments portray is the long-standing partnerships with leading players in the industry.